Financial Markets Update 12 December 2025
Markets digest the FED's presser
News Overnight
A big miss in the Australian jobs report helped defray the speculation that the next interest rate move would be up. And US Initial Jobless Claims rose more than expected. The US Treasury even managed to get the 30 year auction away without any fuss.
It was a day for markets to digest Powell’s presser and it’s implications. It’s too near the end of the year for any big reaction, but it’ll be going off on 2nd January.
Breaking
Oracle shares sink as worries swirl over huge spending on data centres [FT]
Bank of Japan reluctant to intervene on rising yields, sources say [investing.com]
US seizes oil tanker off Venezuelan coast [FT]
Mexico approves up to 50% tariffs on China and other countries [BBC]
South Korea protests at Chinese and Russian warplanes in its airspace [BBC]
Exclusive China’s Last ‘Too-Big-to-Fail’ Housing Giant Loses State Support [Bloomberg]
For Free Subscribers
Dow Jones Update 12 December 2025
A clear break of the pivot line but need to wait for tomorrow for confirmation. An all time high as well. NASDAQ and S&P 500 didn’t perform as well so we need to see how the week ends.
US 10 Year Yield Update 12 December 2025
The initial drop in yield down to 4.10% didn’t last long and yield closed at 4.15%, pretty much unchanged on the day. We still think rates are going higher and we’ll test the 4.18% to 4.20% resistance again.
For Paid Subscribers
Gold Update 12 December 2025
Price has moved back nicely to the top of the bull flag, but now faces a lot of resistance, a break of 4,290 and 4,325 can lead to a retest of the all time high at 4,380.
DXY Update 12 December 2025
DXY dropped as low as 97.75 before recovering, and unlike yields still remains under pressure. The confluence of downtrend support and 15 year support at 96.30 looks like it could easily happen. To the upside the treble top at 100.00 keeps price contained.
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